The Institute explores and passes on the principles of reason and order that underlie academic inquiry.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$159K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $57K a year · 14% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$159K
to officers and key staff · 52% of spending
Concern: pay to officers and key staff is 52% of spending; over 30%.
Pt VII · Sec A
5 mo
of spending, in cash
Looks good: 5.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $302K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$39K
29% of total assets
Looks good: liabilities are 29% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$312K
Spent
$306K
To programs
84%
Net assets
$96K
By yearFY2020–FY2024
Revenue
$312K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$312K
FY2021$365K
FY2022$455K
FY2023$387K
FY2024$453K
Expenses
$306K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$306K
FY2021$258K
FY2022$325K
FY2023$377K
FY2024$421K
Net assets
$96K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$96K
FY2021$208K
FY2022$337K
FY2023$347K
FY2024$379K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $257K Management & general 16% · $49K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $159K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director, Treasur
$116,184Pt VII · Sec A
President and Director
$43,000Pt VII · Sec A
Secretary and Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman and Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Dena Fehrenbacher’s $125K as Executive Director, Treasu is at the 91st percentile of top reported officer pay among 1613 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Dena Fehrenbacher$125,190$117,000$77,137——
Matthew Rose———$18,138$116,184
Steven Justice———$20,860$43,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Berkeley Institute executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Teaches and shares the core principles of reason and order for academic study.

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Provided by the organization

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1 program · $257K · in their own filed words · FY2020
01

The berkeley institute is committed to preparing students for positions of academic and intellectual leadership. Its programs help them achieve an integrated education and prepare themselves for academic careers through exploration of classical traditions and a sustained, open, and rigorous encounter with contemporary thought.

$257Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$302K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$312K
Ln 12
Gifts and grantsLn 1h$312K
Money outPt IX
$306K
Ln 25
Programscol B$257K
Managementcol C$49K
Owns and owesPt X
$96K
net assets · Ln 32
Cash and savingsLn 1–2$135K
Total assetsLn 16$135K
LiabilitiesLn 26$39K
PeoplePt VI, VII
8
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$312K
Total revenueLn 12$312K
Assets in detailPt X, end of year
CashLn 1$135K
SavingsLn 2$0
Cash and savings togetherLn 1–2$135K
Land, buildings, equipmentLn 10c$149
Total assetsLn 16$135K
LiabilitiesLn 26$39K
Net assetsLn 32$96K
OperationsPt I, VI
EmployeesI 54
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$89K$135K
Land, buildings, equipmentLn 10c$493$149
Total assetsLn 16$90K$135K
LiabilitiesLn 26$0$39K
Net assetsLn 32$90K$96K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$159K$119K$40K
Other salaries and wagesLn 7$3K$3K
Pension plan contributionsLn 8$5K$5K
Other employee benefitsLn 9$22K$22K
Payroll taxesLn 10$13K$13K
Accounting feesLn 11c$2K$1K$1K
Other fees for servicesLn 11g$7K$5K$2K
Office expensesLn 13$1K$336$684
Information technologyLn 14$976$976
OccupancyLn 16$60K$60K
TravelLn 17$431$215$216
Conferences, conventions and meetingsLn 19$145$145
Depreciation, depletion and amortizationLn 22$344$258$86
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$28K$28K$95
Total functional expensesLn 25$306K$257K$49K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $453K$421K$32K$379K 990 PDF
FY2023 $387K$377K$10K$347K 990 PDF
FY2022 $455K$325K$129K$337K 990 PDF
FY2021 $365K$258K$107K$208K 990 PDF
FY2020 Viewing $312K$306K$6K$96K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $312,500 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $327,503$312,500
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $327,503$312,500
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $195,286$201,361
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $163,341$104,890
I-18 Total expensesPrior year $358,627$306,251
I-19 Revenue less expensesPrior year −$31,124$6,249
Part VI · Governance 5 of 5 board members independent, 4 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $312,500 across 3 lines filed
VIII-1f All other contributions, gifts and grants$312,500
VIII-1h Total contributions, gifts and grants$312,500
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$312,500
Part IX · Statement of functional expenses $306,251 across 15 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $119,388 · Management $39,796$159,184
IX-7 Other salaries and wagesPrograms $3,000$3,000
IX-8 Pension plan contributionsPrograms $4,760$4,760
IX-9 Other employee benefitsPrograms $21,585$21,585
IX-10 Payroll taxesPrograms $12,832$12,832
IX-11c Accounting feesPrograms $1,166 · Management $1,165$2,331
IX-11g Other fees for servicesPrograms $4,919 · Management $2,478$7,397
IX-13 Office expensesPrograms $336 · Management $684$1,020
IX-14 Information technologyPrograms $976$976
IX-16 OccupancyPrograms $59,695$59,695
IX-17 TravelPrograms $215 · Management $216$431
IX-19 Conferences, conventions and meetingsPrograms $145$145
IX-22 Depreciation, depletion and amortizationPrograms $258 · Management $86$344
IX-23 InsuranceManagement $4,588$4,588
IX-24 Other expenses (24a–d)Programs $27,868 · Management $95$27,963
IX-25 Total functional expensesPrograms $257,143 · Management $49,108 · Fundraising $0$306,251
Part X · Balance sheet $135,167 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $82,757$135,018
X-2 Savings and temporary cash investmentsStart of year $6,450$0
X-10c Land, buildings and equipment, netStart of year $493$149
X-16 Total assetsStart of year $89,700$135,167
X-25 Other liabilitiesStart of year $0$39,218
X-26 Total liabilitiesStart of year $0$39,218
X-32 Total net assets or fund balancesStart of year $89,700$95,949
X-33 Total liabilities and net assetsStart of year $89,700$135,167
Part XI · Reconciliation of net assets $95,949 net assets at year end
XI-1 Total revenue$312,500
XI-2 Total expenses$306,251
XI-3 Revenue less expenses$6,249
XI-4 Net assets at start of year$89,700
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$95,949

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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